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Timing has a profound impact on our performance, but what happens when team members are on different schedules? There is no perfect solution, but learning what works best for individual team members is a good place to start.

Not all sales are made on social media. It turns out that some of the most effective ways to grow your business are also the “old fashioned” methods, like attending events, volunteering, and setting up a trade show booth. Where to start? Join the Chamber of Commerce.

Vacation Planning
If you plan to rent your rent out your home, plan now for the tax consequences. Homeowners need to be aware of the tax implications of residential and vacation home rentals. If taxpayers receive money for the use of a house that’s also used as a taxpayer’s personal residence, it generally requires reporting the rental income on a tax return.
•How to Report. Taxpayers use Schedule E to report rental income and rental expenses. Rental income may also be subject to Net Investment Income Tax.More Information:•Tax Topic 415 ,Renting Residential and Vacation Property•Publication 527, Residential Rental Property (Including Rental of Vacation Homes)

The 2018 edition of “A Guide to Starting a Business in Minnesota” is available from the Small Business Assistance Office at the Minnesota Department of Employment and Economic Development (DEED). It covers a wide variety of topics, from basic process questions to regulatory, financial, managerial and business-structure questions. It also includes information on an array of programs and initiatives that support small business growth.